Key Quantitative Figures

  • Total members who participated in e-voting: 82
  • Total shares represented by voting members: 7,13,32,293
  • All eight resolutions (Items 1 to 8) were passed by shareholders

Dates of Action

  • AGM held on: August 25, 2026 at 10:00 AM (IST)
  • E-voting period: August 22, 2026 (9:00 AM) to August 24, 2026 (5:00 PM)
  • Additional e-voting during AGM: August 25, 2026 (10:00 AM to 10:42 AM)
  • Record date for voting eligibility: August 18, 2026
  • Notice dispatch date: August 1, 2026
  • Newspaper advertisement date: August 3, 2026

Parties Involved

  • Scrutinizer: M/s. Lakshmmi Subramanian & Associates (S. Vasudevan, Practicing Company Secretary)
  • E-voting service provider: Purva Sharegistry (India) Private Limited
  • Regulatory references: Section 108 of Companies Act, 2013; Rule 20(4) of Companies (Management and Administration) Rules, 2014; Regulation 44(3) of SEBI (LODR) Regulations, 2015

Detailed Voting Results

Ordinary Business

1. Adoption of Standalone and Consolidated Audited Financial Statements

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 82 members representing 7,13,32,293 shares
  • Votes in favor: 100% (82 members, 7,13,32,293 shares)
  • Votes against: 0 members, 0 shares
  • Result: PASSED

2. Director Liable to Retire by Rotation

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 82 members representing 7,13,32,293 shares
  • Votes in favor: 100% (82 members, 7,13,32,293 shares)
  • Votes against: 0 members, 0 shares
  • Result: PASSED

Special Business

3. Appointment of Mrs. Shoba Nahar (DIN: 01055447) as Non-Executive Non-Independent Director

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 81 members representing 6,26,28,013 shares
  • Abstained votes: 87,04,280 shares
  • Votes in favor: 99.99% (80 members, 6,26,27,573 shares)
  • Votes against: 1 member, 440 shares
  • Result: PASSED

4. Appointment of Mrs. Balasubramanian Kiruthika (DIN: 10255325) as Independent Director

  • Nature: Special Resolution (Three-Fourth Majority)
  • Valid votes: 82 members representing 7,13,32,293 shares
  • Votes in favor: 99.99% (79 members, 7,13,31,820 shares)
  • Votes against: 3 members, 473 shares
  • Result: PASSED

5. Approval for Material Related Party Transactions with Kreon Finnancial Services Limited

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 74 members representing 2,28,16,217 shares
  • Abstained votes: 8 members representing 4,85,16,076 shares
  • Votes in favor: 99.99% (73 members, 2,28,16,197 shares)
  • Votes against: 1 member, 20 shares
  • Result: PASSED

6. Approval for Material Related Party Transactions with Opti Products Private Limited

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 74 members representing 2,28,16,217 shares
  • Abstained votes: 8 members representing 4,85,16,076 shares
  • Votes in favor: 100% (74 members, 2,28,16,217 shares)
  • Votes against: 0 members, 0 shares
  • Result: PASSED

7. Approval for Material Related Party Transactions with Ashram Online.com Limited

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 74 members representing 2,28,16,217 shares
  • Abstained votes: 8 members representing 4,85,16,076 shares
  • Votes in favor: 100% (74 members, 2,28,16,217 shares)
  • Votes against: 0 members, 0 shares
  • Result: PASSED

8. Approval for Material Related Party Transactions with Mr. S.P. Bharat Jain Tatia (Chairman and Managing Director)

  • Nature: Ordinary Resolution (Simple Majority)
  • Valid votes: 74 members representing 2,28,16,217 shares
  • Abstained votes: 8 members representing 4,85,16,076 shares
  • Votes in favor: 99.99% (73 members, 2,28,16,197 shares)
  • Votes against: 1 member, 20 shares
  • Result: PASSED

E-Voting Process Details

The AGM was held through Video Conferencing facility pursuant to MCA and SEBI circulars. The company dispatched the notice via email to 40,329 members and published advertisements in Trinity Mirror and Makkal Kural newspapers. The scrutinizer, Mr. S. Vasudevan, was appointed by the Board of Directors at their meeting held on July 31, 2026, to oversee the e-voting process.

Financial Impact

Financial impact not quantified in the disclosure. The resolutions primarily concern corporate governance matters, director appointments, and approval of related-party transactions rather than immediate financial transactions.